Uber Technologies Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Uber Technologies Inc. (UBER) rose 8.60% to $31.57 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.45% to 11,358.41 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. Uber Technologies Inc. closed $15.09 short of its 52-week high ($46.66), which the company achieved on November 16th.
The stock outperformed some of its competitors Tuesday, as Lyft Inc. Cl A (LYFT) rose 0.93% to $13.07, Waitr Holdings Inc. (WTRH) fell 0.08% to $0.12, and HyreCar Inc. (HYRE) fell 5.81% to $0.65. Trading volume (43.0 M) eclipsed its 50-day average volume of 28.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 17:27 ET (22:27 GMT)
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